Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Cards What is Cross Border transaction fees ?, Charge by Visa / MasterCard
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 Dec 30 2016, 12:04 AM
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#1
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Senior Member
1,081 posts Joined: Jan 2013 
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I am not so sure about this cross border fee being a fixed % rate. Coz I am using the CIMB card for spotify. Initially spotify will charge the exact amount of RM22.40. After the final amount, the first month was RM22.58 and second month was RM22.62. Is it possible that it relates to the currency exchange rates? With the current ringgit condition, it might gets higher
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Dec 31 2016, 12:26 AM
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#2
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Senior Member
1,081 posts Joined: Jan 2013
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QUOTE(adele123 @ Dec 30 2016, 12:10 AM) Recently reported. This cross border fees increased from 0.8% to 1.0%. Do your own calculation and you will know  QUOTE(baby's breath @ Dec 30 2016, 09:43 AM) adele123 was right. cimb charges 0.01 instead of 0.008 ok...thank you so much for the info shared guys, now i know that my next payment will be fixed...at least |
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